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tv   FOX Business After the Bell  FOX Business  October 2, 2012 4:00pm-5:00pm EDT

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dave: let's talk about rim. people given up for dead but it is up 28%. another 5% today. >> closer this week with a lot of hopes that it would be in the fries line. cheryl: the bells are clanging away. stocks finishing. look at this. come back to the s&p and the russell. this is a big move lasting nine minutes where we started to see the nasdaq turnaround. do we like this? why not especially if you are a bull with the dow jones -- settling right now. dave: a lot of people were concerned. today it is down a little bit. 177 is the one to watch. it has been stuck at that number several times to the upside and right before the upside or downside. which will this be?
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a lot of people thinking it is time to buy gold. cheryl: you just heard about natural gas and exxon mobile. you n g is nice, and brand new 2012 highs. dave: the material sector was one of the worst performers and health care outperforming today. dave: cheryl: and biotech's a leader sector today. america's ceo has spoken and their outlook for the economy pretty dire. not the markets but the economy. what do they want to see and what are their ideas for jump starting america? former michigan governor and president of the business roundtable joining us live. dave: with sales up 95% year to date looks like everyone is thinking small these days. general manager -- that is the smart car. it is a fox business exclusive.
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cheryl: numbers are huge up 120% for sales year-over-year but first we will tell you what drove the market with the data download. a mixed day with the s&p 500 and the nasdaq eking out gains in the last few minutes of trading. that shows real resilience in the last few minutes. materials and consumer discretionary were the biggest laggers but you saw biotech and utility as the top performers. the euro pull away from the u.s. dollar and down three weeks gaining for the second straight day versus the greenback growing expectations with spain getting closer to seek a bailout from the euro zone boosting currency but the head of spain says not yet. not asking for a bailout yet. natural gas hitting it a 2012 high closing up to the sixth straight session. investors turning bullish on the commodity we have talked about the two years as forecasts call
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for an early bout of colder weather. dave: we are already in a recession? two ways to play the coming election everyone is looking at. let's look at the cme. we haven't had a move of more than one% with one exception when the fed came out with the decision. in four months one of the big 1% moves. >> we have had huge moves higher but no moves down. the biggest move we had was a last week when we fell 1% since june. incredible. kind of shows you what is going on with this market. how much the market is moving is in the.that. it is 8% over the last week in days and you can% over the last 30. the volatility index, price the
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traders are paying for option insurance and 16% double the price of how much the market is moving. that tells me the market is in short more than we realize. you can't look at the top line number. is a relative number. that is why we are seeing a real tough time selling off and a real easy time blowing up higher. traders having insurance. short this market at your own peril. cheryl: that is what a lot of people might think. look at the russell for example up 37% year to date. this is 13% year to date. the dow and the nasdaq, the dow up 37% and the nasdaq up 33%. [talking over each other] >> most heated rally -- [talking over each other] cheryl: stop being dumb and don't fight -- >> i love this rally.
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two things i am looking for to know when time is out. we actually feel a real sell-off. then i will start to worry and start hearing my next-door neighbor talking about the 401(k) and i get worried. dave: this market is fully hedged and that is why we are not likely to see a big sell-off. >> it is interesting. auction prices our pricing this market like the 15-year-old driver who smokes cigarettes and drives a trans am and the market is acting like a 45-year-old lady with three kids in the back of a minivan. it is not acting like there's a lot of risk. dave: enough analogies. in a couple minutes see how the s&p futures are closing. dave: jason is the managing partner and lee munson, founder and chief investment officer of
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portfolio asset management with two perspectives. you are more defensive. let me get to you because you heard mark talking about if we see another big selloff we start to get nervous but until then no. why are you not nervous or at least concerned? >> we are cautious about third quarter earnings and standard deviations above the mean and nominal gdp terms we are already below levels normally associated with recessions. it is difficult to see those margins being sustainable. europe is getting worse especially the currency -- trying hard to judge the value of the currency and hitting stronger so nothing new coming out of europe but china is slower. all those things are known but i don't think the market is discounting what is going -- cheryl: we say don't fight the central bankers. >> general you don't want to fight the central bankers but i
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also think we are reaching a limit what you can expect monetary policy to do in terms of what it will do for the overall economy. dave: that is the point. every time the fed comes out of the new money printing scheme and there has never been in my lifetime a money printing scheme like this which is huge and a lot of people thought would have more what it has. >> my 4-year-old daughter gets every night at dessert and what if i want her to be extra good? give her two. the fed came out and would surprise us with q e 1 operations twist. now every month you get your allowance and you get $40 billion every month and what do we -- i am not one of those people who thinks we should be on the gold standard or something. i love to see money being printed in an emergency but now the fed has put us into a
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situation where if we had an emergency or euro crisis breaks down or we actually could get more -- dave: that is a great point. if in fact we go into recession and jason thinks it is happening right now. what does the fed do? they shot their last arrow. >> they shot the last era. are they going to say we will do an extra half a trillion? limit to how much money the fed can print contrary to the political pundits might suggest so this is serious trouble. we got saved by the bell yesterday when we had the i s m numbers. i was very concerned. when we talked about the unemployment numbers being that. we will have some real trouble. saved by the bell this summer. saved by the bell monday. you still got to be --
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cheryl: is obvious the economy is not roaring back and is sporadic. that is the best, we could give it at the moment we are talking to an investor audience with 401(k)s. i use saying go to cash or there are really good deals but be really careful and take what the consumer defense is names were? >> depends on what your time horizon is. individual investors and professional investors a lot of endowments and mark sebastian talked about it before. trying to be careful and avoid any volatility. my own view is we get negative interest rates from treasurys and you have to be in equities especially dividend paying stocks to get any sort of real return. also what comes with that will be a bumpy ride so this is not a sustainable economic policy we have here with central-bank
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printing money and politicians spending it. it has only been happening a couple thousand years and never worked on a sustainable basis and it not going to work this time. eventually you'll have higher interest rates and significantly higher inflation. maybe not in the next six months but my view is i would be careful. if you can deal with volatility. dave: we have an election coming up. two candidates have different views how to deal with the economy. what i like about your stock picks is it will go no matter which guy wins. caterpillar. why? >> we have one guy, mitt romney says let's lower the tax rate to 25%. we need that in america but that obama who lot of people don't like what it comes to that strategy. 28%. what is 3% among ceo tie-ins but
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he says 25% for manufacturing, industry. a lot of republicans don't like industrial policy. i am not saying you should or shouldn't agree with that or disagree but both of these candidates want to help manufacturing whether by industrial policy or more bigger government area or lower the rate. [talking over each other] cheryl: alan mulally would love it if it were 25%. stamping chicago back in may doing gangbuster business. mitt romney wants to do it but obama also wants to do it. the difference is things not in manufacturing. you get 25%, if we could get down to 25 this is going to work. i don't think you should politicize your investment portfolio. dave: no solution the
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opportunities. [talking over each other] dave: america's top c e os are more pessimistic than in years so why is there outlook dampening and what do they think will turn things around? president of the business roundtable. cheryl: going small is the smart thing to do if you are smart cars. smart cars reporting sales up 95%. guess what? that is a live picture of the new electric car. general manager of smart usa with us doing big business with a fox business exclusive. >> one airline charging $100 to check your bags. we will do you which one straight ahead. [ male announcer ] what if you had thermal night-vision goggles,
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cheryl: s&p futures closing. let's go to mark sebastian and the last couple seconds we were
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in the green. >> a couple things that the end of the day. we saw a lot of guys bidding in the pits behind me. would not be surprised to see the adp number better than expected and we got a little bit of a bounce. i like rallying the close and adp coming in hot. don't be shocked if it goes up again tomorrow. dave: we will see you tomorrow. shares of metro pc yes bringing of games today. back to nicole petallides on the floor of the stock exchange for more details. nicole: it is up 20% all day and here it is on the floor of the stock exchange but getting a big bounce and that was all on the talk that deutsche telekom was moving in on metro pc yes which did issue their own statement confirming that it was in fact in discussions with deutsche telekom regarding t mobile usa and metro pc s and nothing for
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short. no assurances that anything will resolve. what was interesting is sprint today if this were to take place would not be good news because sprint was down 5%. on the other hand leave wireless, pay-as-you-go and maybe it could be a potential -- we saw it go higher and that was 8% today. cheryl: thank you. major car companies had a positive 2012. here are numbers. sales for ford up 5.4% and general motors up 3.4%. look at chrysler up 24% on year over year basis. back from the new debt but those numbers absolutely did not compare to our next guest who has seen sales for her car company jumped 95% this year.
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the general manager -- the little guys out there. i love the look of this little car and you can fit it to any manhattan parking spot. we are outside where the smart cars sitting there. this is the 2013 convertible. let's get to this first. how are sales trending? >> very well. it is one of the most customizeable vehicles you can have. this is basically gives people the ability to customize any way they want. we just launched that ability so overall sales are fantastic and we expect even more. cheryl: that shot in our window trying to rob the car. absolutely amazing sales story. sales are up 120% year over year up 95% year to date. to what the you attribute these numbers? >> multitude of things.
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when we took over we realize the awareness of the smart brand was at the bottom. took over from penske last year. we are at the bottom when it came to awareness of. the good news is they were not rejecting smart cds but confuse us with telephones. cheryl: new commercial. one is the focus when you are trying to solve this. the guys wearing the blue shirt and you can customize the car to the color. >> trying to capture those unique things so number one would be fun to drive and you see that where it is -- customization and then there is safety and we want to attribute the safety which is unique in the industry and we needed to do it by way of donstration. cheryl: it is so cute and i see them on the highway and what if i got smacked for somebody didn't see me in their rearview
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mirror. is an honest reaction people have but you have to know you have the mercedes safety behind you. cheryl: mercedes has it under control. >> that is incredible. cheryl: you look at what is happening. the auto plants day. 90% decrease in large part sales. is it gasoline prices which have not come down as much as oil? >> it has a lot to do with it. we do see in our micro car segment with gas prices going up we see a spike but also with younger buyers coming out of post recession adulthood that lower salaries and don't have as much savings of the won't spend as much. [talking over each other] cheryl: there is red behind you and the car is hot pink buds that -- >> nice ivory letter with pink inside. cheryl: when is your smart card coming out that is all electric? >> spring of next year.
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cheryl: car sales of disappointed on certain levels. the nissan least. we need people to learn to adapt to it. tesla hit the stock recently because they are not selling as many cars as they hoped to at this point. is this just a new trend in the making or is it really a pay off to an electric vehicle? >> it is. with these technologies you have early adopters and we will see that and smart electric looks exactly like that so smart was born to be electronic when they developed smart so we haven't had to compromise -- [talking over each other] >> spring of 2013. cheryl: can you do it? >> any, you like. cheryl: great to have you. thanks very much.
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little guys. dave: to match your suit. the economy continues to be the top issue in the presidential election. candidates prepare for their first debate. what to america's top ceos want to hear? we will ask. small business owners are getting crushed by the weight of new regulations. is there any way to dig out of them who can't afford army of lawyers and accountants? we will ask a business owner who is ready to cry uncle. turn an e. ♪ into a scooter that talks to the cloud? ♪ or make 70,000 trades a second... ♪ reach one customer at a time? ♪ how do you help doctors turn billions of bytes of shared information...
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♪ into a fifth anniversary of remission? ♪ or turn 30-million artifacts... ♪ into a high-tech mastpiece? ♪ whatever your business challenge dell has the technology and services to help you solve it.
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whatever your business challenge announcer: at this moment, st. jude children's research hospital is saving lives with pioneering research and care. and we'll never have to pay st. jude for anything, ever. at this moment, she wants to be in her own bed. i want to be back at school with my friends.
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i want to beutside playing. announcer: please take a moment and visit stjude.org today. dave: you might have seen this. most small-business owners would not start a business today because new rules and regulations are too expensive and too much of a headache and their frustrations are borne out in the data.
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president obama has created many more federal regulations in his first term in office. local regulations are keeping faith with the fed. how those small business cope? michael since he is a restaurant owner in man hadn't with two planning companies and a lot of businesses in jersey and reached his limit with regulations can tolerate. we haven't seen each other in a couple years and you have in those two years open some businesses in new jersey but not new york. >> i missed you a little bit. in two years, i employed zero people in new york and zero new bars and in jersey, in five new places. the regulations are not as strict whether it is spread of hours or living regulations talking about in new york or
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lower cash minimum-wage for certain employees. much easier environment. dave: you are not beginning new project particularly because of regulations. >> no plans to open up here because of regulations. don't understand what is going on. dave: like what? >> number one is obamacare. we don't understand it and when we ask consultants it costs money and get different answers from different people because no one understands what is going on. because of that i am not going to hire 50 employees because that is $100,000 penalty. dave: if you have less than 50 employees you don't do as much. they don't want to hurt small business but that prevents people from hiring more than 50 people. >> they come up with numbers and think 50 means you are a big business and can withstand any
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new initiatives they have but it is not based on the number of employees but your bottom line. your profit. >> 50% of small-business owners would not start a business today if they had no what they're getting into with the new regulations. what about you? >> risk purses reward. right now the tables have turned where it is not worth the rewards to hire so many people and deal with the headaches that come with that from obamacare to the labor department to the audits that are happening with the sales tax and numerous fines from inspectors. headaches are not worth it. dave: president obama says he is looking out for small business owners but you say you are insulted by president obama. in what way in salted? >> the hole you didn't build it thing because we are here, we are not taking money when payroll comes. we are going out of pocket. we are not getting the help we
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need from government. i don't want help from government. i want them to leave me alone and it is insulting when you are doing this and trying to provide for your family and someone says i am pro small business but you didn't build your business and it is insulting. dave: we wish you the best of luck. congratulations on new jersey operations. liz: uncertainty in washington taking the toll on business with ceo optimism -- what is causing the drop in confidence? we will ask former governor john england next. south [ mujahid ] there was a little bit of trepidation, not quite knowing what the next phase was going be,
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you know, because you been, you know, this is what you had been doing. you know, working, working, working, working, working, working. and now you're talking about, well you know, i won't be, and i get the chance to spend more time with my wife and my kids. it's my world. that's my world. ♪
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>> time for a quick speed read of some of the day's other headlines. five stories in a minute of the boeing union technical engineers rejebbed aerospace
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giant's first contract offer. the union says boeing's proposed pay raises would not keep up with inflation. american airline passenger seats came unbolted. this is the latest hurdle for the bankrupt airline trying to improve low on time, arrive al rates. spirit airlines will begin charging passengers $100 for carry on fee for last minute payers. the airline is raising the fee to cut down on number of passengers who don't pay in advance. toys "r" us are offering price match garrity on all items through september 24th. they will much in store pricing anytime they present a local competitor's price. nissan is hoping to set new lows for pricing by offering the cheapest datsun model for 3,000 to 5,000 bucks that is today's speed read. liz: nice. [buzzer] david: today the sign das --
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datsu in. liz: that is very old joke. david: but it works. liz: showing that ceo confidence has, decreased. it dropped to the lowest point since 2009. david: joining us to discuss results of this survey former governor john engler, former president of the business roundtable. governor, thank you. talk about jobs first. that is the most disturbing trend i saw in the ceo report. your poll said 71% of executives polled employment will be the same or lower in the third quarter of this year. only 29% said that they will hire more employees. that's very disturbing, considering our jobs figures. >> it is very disappointing and, the round table member companies are pretty representative of all the economic sectors. so, that highering would include those who have
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seasonal hiring needs that are unavoidable. so it is not a good, it is not a good number. the overall index dropped in the third largest drop in the 10-year history survey. it reflects what you've been reporting on. slowing down in china, chaos in europe and fiscal mess at home. liz: fiscal mess at home all these things look terrible. stocks of a lot of companies of members of the business roundtable have actually done very well. why the disconnect and how do we get businesses to start spending again? >> well i think part of it is just confidence. i think balance sheets are in great shape. cash on hand looks terrific. there is lot of uncertainty. what are the tax rates going to be? what is the regulatory policy going to be. you have big implementation. dodd-frank is largely undecided yet the affordable care act, a lot of unknowns there. and then, regulatory decision after decision, not made, wondering can we get
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approvals if what are attitudes of agencies going to be. i think it is interesting to me because so much of what could really maybe the united states move up and move out sharply is in our own hands. we control our own destiny. we just got to start making decisions. and you would hope right after the election people come back in both parties and say look, enough is enough. we've got to do some things for the country..3 david: by the way, governor, ben bernanke was talking about it yesterday. recession, whether we're in one or not. he of course said no. other people, economist david malpass and others say we may actually be in recession right now. did you ask that of your executives or do they have a consensus whether we're in one or going towards one? >> we didn't ask it that way. we ask every quarter what do they think gdp will be. this is the last time we ask for 2012. they dropped from 2.1 to 1.9 growth. you saw official revision in the last quarter all the way down to 1.3. what is bothering families,
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family incomes dropped four consecutive years. 8% over the last four years. home values are still suffering in so many areas around the country. i think for families they know somebody in the family. the extended family is laid off unemployed looking for work. they don't feel so good about their own circumstances. their confidence is shaken but more importantly the company that might hire them is wondering what are the rules? can i go out and hire? can i invest. we have lot of work to do. we would like to increase our exports but, gosh, that doesn't look so good either right now with what is going on in the world. the u.s. should look in the mirror to say what we can do to maximize our opportunities here at home? that list is a long one. liz: part of the problem, governor, there is so much going on in europe and there is big question about china. you actually disagreed with governor romney on his statement china would be labeled a currency manipulator right away if he were made president.
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you don't think he would follow through with that. is that detrimental to our trade relations with china? they do consume some of our goods and some members of the roundtable? >> there are a number of issues with china. currency is one of them for sure. for a long time there is the belief china's currency needs to appreciate more. my observation there is process that has to be followed. so i don't actually think it is possible to do it on day one but governor romney made it clear he will put the pressure on. i would like to see pressure put on respect for intellectual property. some nontariff trade barriers. they're there in china but they're in other countries as well. at the same time congress should have acted on the russian permanent normal trade relations. here they are now in the wto we have a chance to have u.s. companies like caterpillar competing heads up in russia. what does congress do? we'll get to it after the election. the president really didn't get involved in that issue the way at least some in congress hoped he would. there are plenty of blame to go around.
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we just need to stop looking, you know, china is not in charge of our tax policy. china is not in charge of our regulatory policy. so, campaign is always easy to look somewhere else but i think we ought to look at home. >> we put up, maybe put back up the manufacturing numbers. we had a pretty good number yesterday that came out compared to what it had been. still manufacturing is taking it on the chin in this recession unlike any in my lifetime. he used to work for a manufacturing organization. >> right. david: what is the number one problem for manufacturers today? >> i think the number one problem is in this country, the lack of a strategy and that encompasses more than just the guy who has the lant to make the widget. what are we doing on our infrastructure? lagging behind there. so much opportunity, so much potential. you're seeing at state level governors working across party lines to get things done. liz: they sure are. >> we need the same effort in washington. keystone pipeline should
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have been approved. we have $35 billion worth of chemical plants maybe can be built because of suuplies of natural gas. speed up permitting process. try to help people who want to make investments make them. liz: governor, former governor john engler, great to see you. thank you for leading the roundtable. >> thanks very much. thanks for talking about these questions. >> appreciate you being here. it has been smooth sailing for high-end blender maker site at that mix with new plant, hiring and sales growth but will a slow economy put an end to their run? that's coming up. ♪ . [ male announcer ] this is the age of knowing what you're made of. why let erectile dysfunction get in your way? talk to your doctor about viagra. ask if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects s include headac, flushing, upset stomach, and abnormal vision. to avoid long-term injury, seek immediate medical help for an erection lasting more than four hours. stop ting viagra and call your doctor right away
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>> i'm robert gray with your fox business brief. stocks pared their losses heading into the closing bell as the focus for investors remained on spain's prospects for a bailout request and that nation's possible sovereign credit rating downgrade. the dow finished off by 32 points. s&p 500 and nasdaq posted
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modest gains. liberty media will find out how its takeover bid for sirius xm is being received by the public. the federal communications commission set a november 1st deadline for anyone opposing the deal to file an initial protest. sec is moving closer to evaluating the application. cooler weather across much of the u.s. helped push retail sales higher in september. redbook showed sales up 1.3% from august, beating expectations. that's the latest from the fox business, giving you the power to prosper
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david: lovers unite. health-conscious consumers continuing to help a health company in ohio grow. vita-mix is opening a new plant and hiring and posting sales growth more than 40% this year. liz: don't count outthe
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juice craze as well. we have the ceo of cleveland-based vita-mix on sprouting success. tough economic times you have a high-end product. they retail four to $600 these blenders. how is business? >> business is fantastic right now. you saw 40%. it will be up 55% over last year. liz: we just had governor engler who runs the business roundtable saying sentiment is horrible among business leaders. we have david gest is runs a small business who is very, very down about everything. you're not. what is happening in your world is different. >> i'm not here to say the economy isn't tough. liz: of course. >> we go back to the tough that is really important. we go back to family. buy quality products where value exceed price because i'm making good investment. we go back to taking care of ourselves. that's what we're all about. david: you really for a long time, for generations been factory direct, from the factory right to the customer. you have outfits like amazon, williams-sonoma you're
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partnering with in order to get the product to consumers. how does that work out, after some years, generations really factory direct. >> we were factory direct because we had to educate people. we had to educate people how using whole foods. the people get it. whole smoothie trend is growing at incredible right. i just got numbers. in month of september, 43% of house heads had a smoothie and prepared a smoothie in their home. on average, that is 250 million smoothies were made. >> we love smoothies i want to get back to the working with a group like amazon. are you competing with them and their discounts because they discount pretty deeply. >> right now the demand for people wanting the vita-mix is so strong we have to be in as many doors as possible. interesting thing it is not all, there is vita-mix for you as consumer. if you are high-end consumer and love to cook and love the recipes from the chef you will shop in
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williams-sonoma. that is where you find the perfect vita-mix for you. if you're looking at deal for amazon that will get a great deal to fit. >> we're profiling like the hope diamond. it is up there. 500 bucks, jody for a blender. what does it do that is so great? why do i need that instead of my kitchen aide? >> martha stewart says it is like velvet on your tongue and lasts a unbelievable amount of time. we have customers come back and had a vita-mix for 50 years. we try to upgrade them. maybe you want a new one. it has been in the family for 50 years. we're not giving it up. we have no desire to fill a landfill. >> cleveland has been in your family. that is where this company has been and is right now. why cleveland? >> my great-grandfather, papa barnard as we call him came to cleveland in 1937 for the great lakes
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exposition. he said people of chief lapped are hardest working people and he is right on today. incredible place to raise a family and have a company and a business. david: incredible place to have a fox business network crew. liz: that's right. jody is not only great success story. cleveland is where president obama is going friday. it is of course a important battleground state. governor romney is going there. the president will visit cleveland state university. both are spending a lot of tile in ohio. suddenly cleveland the place to be but fox business knew all along. thursday and friday, fox business taking the show live to cleveland. first the rock 'n' roll hall of fame, the brand new owner of the cleveland browns to the james lambrick, host of lubrizol, the business warren buffett just bought. marsha pirro, president of cleveland indians. head of cleveland clinic. the list goes on.
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cleveland, open for business, all day long thursday. david: jody berg, vita-mix president and ceo. thanks for coming on. >> thank you. david: continued success. liz: see this film, a movie allows viewers to buy items right off the screen. dennis kneale joins us with the advertising game changing story. ♪
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liz: the lead role played by target? yeah, target made its movie debut today. product placement meets online shopping. david: dennis kneale is here to fill us in. we're talking pretty big hollywood names, right? >> that's right. the film, falling for you, is marketing placement dream. stars kristin bell and show time's house of lies and icon photos of the products she uses and clothes she wear pop up in the right hand margin as you watch video. click on them and facebook friends and pinterest pals
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know you like the sweater and shower curtain and cosmetics and you can even order the stuff online. that is a key. that is dream of marketers a decade since the web burst forward. target shill as 100 different products in the film short. it can be used to spark bigger sales. to add buzz to the related ad campaign. first episode debuted today, only on target.com. it runs all of three minutes long which is more than enough for online video. kirsten bell plays a target marketing manager pushing her idea for a fall fashion event and competing with her new love interest also a target employee. while he thinks they just met she hints they shared something in the past that he doesn't remember it. actually pretty good. i got to tell you. target will release episodes every few days. the fourth and final one appears next tuesday. but the shill film, "falling for you" will love on in
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cyberspace maybe forever, guys. david: at least not pay-per-view. dennis, thanks very much. liz: or pay per click, that's right. one key piece of economic data out tomorrow that could move your money. it is tomorrow's trades today. that is coming next. liz: spa, fitness center and personal chef. definitely not your ordinary doghouse. that story as we go off the desk. look at the little pink claws. next on "after the bell."
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david: time to go go "off the desk." before you send your k canine to the doghouse, a new york city hotel. dogs only hotel, beds, flat-screen tvs. do dogs watch tv? personal chefs and chauffeur service. the pup can use a fitness center. yes it has one. or indulge themselves at the spa. can you believe it? rooms start 79 bucks a night. and can go up as high as 200 bucks a night for the uber-suite, liz. liz: business roundtable is worried. number one thing to watch. private payroll report precedes the employment report. economists expect a gain of 143,000. down from last month's 201,000. number is looked at a clue what we may see in the employment report which is due ou

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